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Dec 25, 2012
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. >> what's the minimum tax again? >> the minimum tax, i would guess, would be 30% on income above a million, 35% above $10 million. and all kinds of people who are making that money, by labor, they're already paying those rates. >> would that also include people -- >> it would hit me. >> it would hit you. >> it would hit me. >> so you would not be paying 13, 14, 15% because of capital gains? >> no. >> i don't understand this, i'm making pretty good, but not warren buffett money. and of course, i'm paying my full 35%. he said, you have to figure out to convert this to capital gains, because if you do that, you only have to pay 15%. i said, what? i don't have the accountants to figure that out. >> governor romney paid 14%, i paid 15, 16, we would be paying 35%. >> you refer to, even as a youth, investing as a game. >> it is a game. >> great game. well, they're playing a dangerous game with investing in washington, in the congress. so my question to you is, if the united states congress, specifically the house of represe
. >> what's the minimum tax again? >> the minimum tax, i would guess, would be 30% on income above a million, 35% above $10 million. and all kinds of people who are making that money, by labor, they're already paying those rates. >> would that also include people -- >> it would hit me. >> it would hit you. >> it would hit me. >> so you would not be paying 13, 14, 15% because of capital gains? >> no. >> i don't understand this, i'm making...
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Dec 26, 2012
12/12
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we don't tax multinationals like anybody else. >> is that affecting our competitiveness? >> which countries around the world are you most worried about in your research as the real competitors? >> it's funny. we actually looked at where american companies were considering putting businesses and which companies -- countries we were competing with. you'd be surprised. we're competing with the whole world. there's lots of countries growing up. it's not just china, india, brazil. it's all of the above. back in the days when we were threatened by japan, it was just japan. now we've got a whole bunch of countries, including mexico, that are making radical improvements in their infrastructure, in their business environment, in their skill levels. they're working to drive down their regulatory costs. they're trying to make business simple. and in the meantime, we're just kind of loading costs encumbrances on our private sector. we've got to start addressing these fundamentals, or the living standards of the average american are going to continue to be under severe pressure for th
we don't tax multinationals like anybody else. >> is that affecting our competitiveness? >> which countries around the world are you most worried about in your research as the real competitors? >> it's funny. we actually looked at where american companies were considering putting businesses and which companies -- countries we were competing with. you'd be surprised. we're competing with the whole world. there's lots of countries growing up. it's not just china, india, brazil....
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Dec 28, 2012
12/12
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taxes are an issue there. i think the election of francois alaund and his rate on the top end as well as some of the other things he's doing in france, lowering the retirement age, this is sort of a litmus test in some ways and it's important. maybe richard can tell me i need to learn more about the british tax code. icons on the edge. a number of names you know at home, jcpenney, best buy stock has been hammered, the maker of the blackberry, once iconic, now struggling. >> they're gone. >> they're not gone. >> last one. congratulations. >> they're struggling, and i think it's the end of an era for some companies. the $25 billion bank settlement, a huge deal. some people said it was not enough. whatever your thoughts are, it was a big story. facebook, you remember them? they have come back in the last six weeks. everyone thought this was an ipo that was going to soar. >> who manages that company? >> mark zuckerberg. that guy right there. >> poorly, i would submit. >> he built it, so who are we to judge, right?
taxes are an issue there. i think the election of francois alaund and his rate on the top end as well as some of the other things he's doing in france, lowering the retirement age, this is sort of a litmus test in some ways and it's important. maybe richard can tell me i need to learn more about the british tax code. icons on the edge. a number of names you know at home, jcpenney, best buy stock has been hammered, the maker of the blackberry, once iconic, now struggling. >> they're gone....
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Dec 24, 2012
12/12
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take him out on his taxes. take him out on his governor as massachusetts but, more importantly, paint him as a figure of the past. someone who doesn't understand your problems, that he's someone from a bygone america who doesn't have anything to say to the voters who are going to make up our winning margin, but just to wrap that big thing back around, the 47%, romney did more -- all that have damage had been done by how obama team painted him. and then romney came out -- >> and then romney talked. >> with his own words, revealed in september, seemingly and vividly confirming in his own words through his own mouth caught on videotape, all of the worst stereotypes and kas caricatures. >> jonathan capehart, i mean, 47% we focus on that, we forget this is a guy that gets -- the greatest hits for democratic ad makers. i like firing people. do you remember that one? ten others just like that. he won a big victory in florida and the next morning go on a cable news show and say something equally shocking. >> i'm not co
take him out on his taxes. take him out on his governor as massachusetts but, more importantly, paint him as a figure of the past. someone who doesn't understand your problems, that he's someone from a bygone america who doesn't have anything to say to the voters who are going to make up our winning margin, but just to wrap that big thing back around, the 47%, romney did more -- all that have damage had been done by how obama team painted him. and then romney came out -- >> and then...
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Dec 27, 2012
12/12
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you'll have a chunk more in your payroll tax because the payroll tax cuts are expiring. and obviously, there's going to be some cuts in government services because of the sequestration, but it's not all going to take place in the next two days. >> leigh, all of us are aware of the fact that most people at the top of fortune 500 companies look at these clowns saying, you know, this is ridiculous. you couldn't run any business from a variety store to whatever the way -- where they try to run the country. is there any immediate impact on the markets next week with their inability to get anything done? >> yes. i mean, i think that's where we're going to see the biggest impact by far. i mean, yes, the payroll tax will take effect. that will be one of the most immediate things we see. but even that, it takes two weeks to adjust your paychecks. you know, we'll spend most of the time with the tax cuts, repairing, restoring, trying to solve that with some triage. the market doesn't care about any of that stuff. the market response is going to be psychological. it's going to be dr
you'll have a chunk more in your payroll tax because the payroll tax cuts are expiring. and obviously, there's going to be some cuts in government services because of the sequestration, but it's not all going to take place in the next two days. >> leigh, all of us are aware of the fact that most people at the top of fortune 500 companies look at these clowns saying, you know, this is ridiculous. you couldn't run any business from a variety store to whatever the way -- where they try to...
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Dec 25, 2012
12/12
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i call it the economy tax. it's been crushing. look, i've been in business for 25 years. i have no idea what you're talking about. >> where was obama tonight? he went in there disarmed? what was romney doing? he was winning! i'll get your chance in a moment. i'm still speaking. >> i don't look at my pension. it's not as big as yours. >> you said the day after in the rose garden it was an act of terror. >> let me -- >> he did call it an act of terror. >> i brought us whole binders full of women. >> well, governor, we still have fewer horses and bayonets. you do the same things we do, but say them louder, and somehow that would make a difference. >> all tied up. our brand-new numbers on the race for president. >> here's old moderate mitt. you been, boy? i missed you these last few years. >> if you can't change washington from inside the washington, then let's get you the plane ticket back to chicago you've earned. >> don't move over. voting's the best revenge. >> revenge? instead, i ask the american people to vote for love of country. >> it's election day, america. >> today
i call it the economy tax. it's been crushing. look, i've been in business for 25 years. i have no idea what you're talking about. >> where was obama tonight? he went in there disarmed? what was romney doing? he was winning! i'll get your chance in a moment. i'm still speaking. >> i don't look at my pension. it's not as big as yours. >> you said the day after in the rose garden it was an act of terror. >> let me -- >> he did call it an act of terror. >> i...